Senate Likely To Pass FBI Spying Bill After Orlando Shooting
The U.S. Senate on Wednesday is likely to pass a Republican-backed proposal to expand the Federal Bureau of Investigation’s secretive surveillance powers after the mass shooting at an Orlando gay nightclub last week. The spying bill is the Republican response…
Fed Economists Portray Bitcoin As A Fiat Currency
Fed Economists Try To Portray Bitcoin As A Fiat Currency by Demelza Hays, Foundation For Economic Education A University of Pennsylvania economics professor and an advisor to the Philadelphia Federal Reserve recently released a working paper claiming that Bitcoin is…
Bitcoin Price Plummets $100 In 5 Hours
The fear of a Brexit has helped drive the price of bitcoin to levels not seen since the beginning of 2014, but now the likelihood of the U.K. voting to remain in the European Union has seen the price of…
OpenBazaar – A Review of the New Way to Shop the Internet
Right now in the Bitcoin world there is active debate about whether Bitcoin should be a value a settlement system or a currency. If a settlement system, small transactions would take place not on the main blockchain, but in second…
The Wealth Inequality Problem in One Chart
Courtesy of: Visual Capitalist It seems that people don’t agree on much these days, but there is one growing exception to that rule. Across the board, Americans are finding that the “system” isn’t working for most people in its current…
Is Surveillance Software Silencing Would-Be Whistleblowers?
Steal, cheat, embezzle or lie on Wall Street, and your wrongdoing could be flagged by high-tech surveillance programs used by banks to sniff out law-breaking employees. But those same snooping tools might also be drawing attention to bankers attempting to…
What’s a ‘Brexit’? A guide to Britain’s E.U. drama for confused non-Europeans.
Tweet On June 23, the British will vote on whether their country should leave the European Union. This move to exit the E.U. has dominated political discourse in the country over recent months. It even has its own headline-friendly portmanteau:…
66 Million Have No Emergency Savings
Millennials Are Establishing the Habit of Saving NEW YORK, June 21, 2016 /PRNewswire/ — 66 million U.S. adults have zero dollars saved for an emergency, according to a new Bankrate.com (NYSE: RATE) report. Gen Xers are in the worst position:…
Powerful CEOs And Stock Price Crash Risk
Powerful CEOs And Stock Price Crash Risk Md. Al Mamun La Trobe University Balasingham Balachandran La Trobe University -Department of Economics and Finance; Financial Research Network (FIRN) Huu Nhan Duong Monash University – Department of Banking and Finance; Financial Research…
Winklevoss Twins Open Bitcoin Exchange In London
As the price of bitcoin experiences a resurgence, Cameron and Tyler Winklevoss are seeking to expand their presence in the market by bringing their Gemini bitcoin exchange from New York to London. The twins, who earned a $65 million settlement…